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    Settlement Music School

    Settlement Music School

     

    ...Is this your nonprofit?

    ...501(c)(3) organization

    ...Donations are tax-deductible

    ...https://settlementmusic.org/

    ...PO BOX 63966
    Philadelphia PA 19147-7966

    215-320-2601


    Philadelphia PA | IRS ruling year: 1932 | EIN: 23-1352676  

     

    Settlement is dedicated to its mission of providing children and adults with the highest quality individual and group instruction and activity in music, dance and the related arts. Founded in 1908 as a Settlement House, volunteer teachers offered piano lessons for a nickel. A full program of instruction soon took shape, and Settlement is now one of the largest community schools of the arts in the United States, with five physical locations in Philadelphia and its suburbs and our "virtual branch," Settlement Music Online, which has students in 12 states (and growing), ensuring that arts education is available to all, regardless of location.

    Through branches and partnerships, we deliver 10,000+ weekly services including individual lessons, ensembles, classes, Pre-K, school programs, and creative arts therapy.?Settlement works to provide every student, age six months to 99 years, with a creative home. Annually, we award $2.5 million in financial aid to 60% of our students.

     


    Rating Information

    Great


    This charity's score is 90%, earning it a Four-Star rating. If this organization aligns with your passions and values, you can give with confidence.


    This overall score is calculated entirely from a single beacon score: 100% Accountability & Finance. Learn more about our criteria and methodology.

    Beacon Weights
    Historical Ratings
     Important note on the timeliness of ratings

    The IRS is significantly delayed in processing nonprofits' annual tax filings (Forms 990). As a result, the Accountability & Finance score for Settlement Music School is outdated and the overall rating may not be representative of its current operations. Please check with the charity directly for any questions you may have.

    Rating Report

    • Impact & Results
    • Accountability & Finance
    • Culture & Community
    • Leadership & Adaptability
    Accountability & Finance
    Impact & ResultsAccountability & FinanceCulture & CommunityLeadership & Adaptability

     

    Accountability & Finance

     

    Settlement Music School has earned a 90% for the Accountability & Finance beacon. See the metrics below for more information.

    This beacon provides an assessment of a charity's financial health (financial efficiency, sustainability, and trustworthiness) and its commitment to governance practices and policies.

    This Accountability & Finance score represents IRS Form 990 data up until FY 2020, which is the most recent Form 990 currently available to us. 

    Learn more

     

    Accountability and Transparency
    ...Full Credit
      
    ...Partial Credit
      
    ...No Credit
      
    ...Not Applicable
    Governance
    Policies
    Transparency

    Financial Metrics
    ...Full Credit
      
    ...Partial Credit
      
    ...No Credit
      
    ...Not Applicable
    ...Liabilities to Assets Ratio - 24.60% - 5/10 pts
    ...Working Capital Ratio - 1.37 years - 10/10 pts
    ...Fundraising Efficiency - $0.13 - 7.5/10 pts
    ...Administrative Expense Ratio - 12.10% - 10/10 pts
    ...Fundraising Expense Ratio - 4.39% - 10/10 pts
    ...Program Expense Ratio - 83.40% - 9.54/10 pts
    ...Program Expense Growth - 3.20% - 4.2/10 pts

    Unscored Information

    Total Revenue and Expenses - Data Available
    Salary of Key Persons - Data Available
    IRS Published Data (Business Master File) - Data Available
    Data Sources (IRS Forms 990) - Data Available
    Pandemic Response - Data Available

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